so gbpusd out the news. looking for asia low and previous day low.
gbpusd TP at 50% asia down move for low hanging fruit. you may want to take partial profit and put to BE. to each his own.
Again, it looks like currency is not the trader's flavor of the month at this time. The 1-hour chart is just bouncing along going nowhere. image What we need is a decent break ...
now i see things lining up and itchy hand but there's gbp news during frankfurt open. short with half or one third (or what ever) of the full intended lot size.
now we analyze gbpusd and wait for frankfurt london open to short if the opportunity present itself. w1 below resistant d1 below previous day high h1 could be a liquidity sweep at ...